Note by Second Minister for Finance, Indranee Rajah, On Variable Capital Companies (Miscellaneous Amendments) Bill24 Sep 2019
Parliament passed the Variable Capital Companies (Miscellaneous Amendments) Bill 2019 on 3 Sep.
The VCC framework is set to be launched by end 2019.
Those in the funds and asset management space are encouraged to familiarise yourselves with the VCC framework and consider the VCC structure for both upcoming fund launches and re-domiciliation of overseas investment funds to Singapore.
Read more about the recent Bill in this Note.